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Bloomberg reported that oil surged 62 cents to $85.64 a barrel.
Bloomberg reported that oil surged 62 cents to $85.64 a barrel.
As quoted in the market news:
Oil for July delivery increased as much as 62 cents to $85.64 a barrel in electronic trading on the New York Mercantile Exchange and was at $85.46 at 9 a.m. Sydney time.